William & Mary Foundation
Data sourced from IRS 990 public filings
William & Mary Foundation Supporting an essential mission The William & Mary Foundation advances the university’s highest aspirations by securing private support, guiding a multi-asset investment portfolio and offering strategic leadership. In this work, we propel the university toward national preeminence and help shape a future worthy of its history. Give to the William & Mary Foundation Read More The W&M Foundation is organized and operated exclusively for charitable, scientific, and educational purposes, within the meaning of section 501(c)(3) of the Internal Revenue Code, including receiving, managing, investing, and administering private gifts and property and making expenditures to or for the benefit of the university.Since its formation in 1939, the role of philanthropy has become increasingly central to William & Mary’s progress as an institution — a role that has been further heightened by economic challenges within the commonwealth, United States and world. Today, the stable source of revenue provided by the W&M Foundation is indispensable to the campus’ day-to-day activities, with the W&M Foundation currently overseeing or serving as beneficiary of more than three quarters of the university’s total endowment. The W&M Foundation is a non-profit corporation and a public charity. An independent volunteer board of a maximum 40 trustees leads the W&M Foundation and advises staff on the investment and management of gifts. The Investments Committee serves as the William & Mary Foundation’s representatives to the 1693 Partners Fund Board. Learn More Articles of IncorporationDownload News William & Mary Foundation Elects Four New Trustees Gift and Endowment Reinvestment Strategies Bruce Aird to assume new role as first full-time chief financial officer of the William & Mary Foundation
Annual Revenue
$161,638,025
Known Funders
179
Grants Received
452
Financial History
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2023 | $161,638,025 | $72,625,450 | $1,294,159,126 |
| 2022 | $41,051,162 | $52,596,974 | $1,134,029,696 |
| 2021 | $100,704,101 | $42,267,429 | $1,102,294,415 |
| 2020 | $79,373,462 | $39,031,296 | $1,122,551,962 |
| 2019 | $88,636,871 | $49,308,062 | $868,886,184 |
| 2018 | $83,490,525 | $41,566,200 | $868,970,215 |
| 2017 | $83,416,784 | $31,349,921 | $806,248,130 |
| 2016 | $96,448,406 | $38,169,638 | $750,596,771 |
Top Funders
BRONXVILLE, NY
NEW YORK, NY
SEATTLE, WA
BRONXVILLE, NY
SEATTLE, WA
BRONXVILLE, NY
NEWPORT NEWS, VA
Showing top 10 of 179 funders.
Key Personnel
From 2023 IRS 990 filing
F BRIAN HIESTAND
CHIEF INVESTMENT OFFICER, 1693 PARTNERS FUND
CATHERINE MOUNTJOY
CHIEF OPERATING OFFICER, 1693 PARTNERS FUND
MATTHEW T LAMBERT
CHIEF EXECUTIVE OFFICER
JULIE S LEACH
EXECUTIVE DIRECTOR
BRUCE G AIRD
CHIEF FINANCIAL OFFICER AND TREASURER
TODD ANDREW HOWARD
TRUSTEE
TODD A STOTTLEMYER
TRUSTEE
Timothy J Carroll
TRUSTEE (TERM BEGAN 10/23)
Sue Hanna Gerdelman
TRUSTEE (TERM BEGAN 10/23)
SHELLEY B GOODE
TRUSTEE
Showing 10 of 46 key personnel.
Frequently Asked Questions
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